News

Veros Real Estate Solutions forecasted the strongest and weakest housing markets for the next year. While hot markets like California don’t even make the list, states in the Northwest dominate the list of hottest markets. Source: 1

Consumers feel less confident about the economy than at any point since last year. The impact is felt most by households that make less than $75,000, as consumer confidence in those households dropped to the lowest level of confidence since…

The IRS is offering relief to homeowners who were in the path of Hurricane Matthew by offering an extension on filing their taxes. While the extended deadline was Oct. 17, homeowners in the declared disaster area can now push that…

Millennials are more likely than other generations to see another economic crash on the horizon. While many want homes, they are concerned with saving up enough for a down payment. The good news is that they haven’t given up on…

Mortgage applications for new home purchases increased 3 percent this September, relative to September 2015, according to the Mortgage Bankers Association’s Builder Application Survey (BAS) data. Compared to August 2016, applications decreased by 7 percent. This change does not include…

Have you ever wondered how far $400,000 could take you in various markets? This has been analyzed in a newly released HomeUnion report comparing investment property values in 10 of the most sought-after markets among HomeUnion’s clients. The company analyzed…

Phoenix, Arizona, was one of the hardest hit markets during the housing crisis. Now, however, its homeownership rate just passed the national average for the first time since 2010. While home prices are up, it is still one of the…

ATTOM Data Solutions signed an exclusive agreement that will bring utility costs to its data platform. This data includes annual and monthly electric bills, natural gas bills, water/sewer bills and neighborhood-level utility costs. The company even created a unique way…

Immigrants are gaining on native-born citizens when it comes to homeownership rates. In one state the gap is less than 10%. While native-born citizens have the same homeownership rate as 1994, immigrants’ rate improved. Source: 1

Foreclosure activity hit its lowest point in September since December 2005. In fact, for the first time since ATTOM started tracking foreclosure timelines, the time it takes to complete a foreclosure decreased year over year. Source: 1

Arizona Elite Properties

Whether you are a first time home buyer, a seasoned investor, or a tenant looking for a place to rent, we have agents all over the Valley of the Sun including Phoenix, Mesa, Gilbert, Chandler, Maricopa, Queen Creek, Glendale, Surprise, Scottsdale and other valley communities. We also have agents in Payson, Pine, Strawberry and surrounding areas ready to serve your real estate needs.